Taxes

Mesa, Arizona offers a competitive operating environment compared to other Southwest markets. For more than a decade, Arizona has implemented reductions in taxes and created incentive programs favorable to businesses.

Important Arizona Tax Information

Arizona has the 6th lowest unemployment insurance tax rate in the nation and the lowest amount in the U.S. for total wage base subject to unemployment tax ($7,000).

The assessment ratio for real and personal property taxes on commercial and industrial properties is 18.0%.

Arizona has one of the most aggressive additional depreciation schedules, resulting in reduced operating costs and a quicker path to profitability.

Personal Income Tax RateArizona personal income tax rates ranges from 2.88%-5%, compared to other Southwest markets, which range from 4.6% to 9.3%.

Property Tax Breakdown

Rates are per $100 assessed valuation. The assessed valuation for commercial property development is 18% of the actual value determined by the Maricopa County Assessor and 10% for residential. The rate is then multiplied by the assessed value to determine the tax.

Mesa School District $8.41

Higley School District $8.75

Queen Creek School District $9.71

Gilbert School District $9.25

Tempe School District $10.14

For example:

Commercial property within the Mesa Public School District with a full cash value (FVC) of $100,000 would pay $1,555 annually in property tax. $100,000 FCV x .185 (assessment ratio) = $18,500 x $8.41/$100 - $1,555.85.

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